UNDER CONTRACT (You can still submit back up offers and/or check out our other properties) Call this number to submit an offer: (762) 200-1975 Great opportunity for investors! Tax deal available at wholesale price with great cash on cash return ! Only for $14,500 !!! This property is nestled in Birmingham City School District which makes it a good rental. After some works, this property will surely get you moving. It's also near Lowery Park, Birmingham-Southern College, and McLendon Park. Other amenities such as groceries, restaurants, medical facilities, and so much more to mention are very accessible from here. Perfect for discerning purchasers seeking great value for their investment, contact us today! Good opportunity for buy and hold investors looking for cash flow with a long term tenant. A great investor choice. Rental estimate is $750. Good opportunity for buy and hold investors looking for cash flow. Estimate for Cash on Cash Return After Renovation $14,500 for purchase + rehab ($15 sq. ft or $10 per sq. ft) = $29,020 to $36,280 = Estimated All in prices. Rent for $750 after repairs x 12 months=$9,000 Gross Annual x .6 (Expenses) = $5,400 NOI / $29,020 to $36,280= 14% to 18% Cash on Cash Return. Tell me if you bank provides that return! Stop leaving your money in the bank and invest in real estate! VIDEO TOUR https://www.youtube.com/watch?v=tBr1DeCt0nU VIRTUAL TOUR https://my.matterport.com/show/?m=YLPjMJwt7P8 ADDITIONAL PHOTOS AND VIDEOS https://bit.ly/2Eov2jt Property Records/ Appendix A Status: Vacant Market Rents: $750 Estimated repairs $10 to $15 per sq ft ($$14,520 to $21,780) Total Rooms: 6 Bedrooms: 3 Total Bathrooms: 1 Full Bathrooms: 1 Number of Fireplaces: 1 Heating Type: Gravity Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.) Garage Type: Carport Building Condition: Poor Exterior Wall Type: Brick Roof Type: GABLE OR HIP Roof Cover Type: Shingle (Not Wood) Sewer Type: Municipal Water Source: Municipal Number of Stories: 1 Building Area: 1,452 SqFt. Living Area: 1,452 SqFt. Gross Area: 1,611 SqFt. APN: 29-00-08-1-028-003.000 Old/Alternate APN: 2900081028003000 Property Class: RESIDENTIAL Property Type: Single Family Residential Zoning: R3 County Land Use Code: 111 Census Tract: 3803 Lot Width: 720 Lot Depth: 2,170 Lot Size: 0.359 acres Lot Area: 15,624 SqFt. School District: Birmingham City School District Block: 3 Lot Number: 11 District: 39-0000 Municipality: BIRMINGHAM Subdivision Name: WEST HAVEN Meridian: SEC 08 TWN 18S RNG 03W Legal Description LOT 11 BLK 3 WEST HAVEN Property Tax: $460 (2018) Tax Jurisdiction Code: 39 FEMA Zone X (est.) Flood Factor flood 4/10
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